MichaelCollins18

WTI Crude oil, Bullish Gartley, 1 day chart

Long
TVC:USOIL   CFDs on WTI Crude Oil
Good afternoon people, today we have WTI crude oil Bullish Gartley on the daily chart,

This is potentially a great trading opportunity with a potential of 1:2 profit

I'm waiting to see if the candlesticks break through resistance before I'm certain to take this trade, however does present a great Gartley opportunity

The valid measurements for a Gartley pattern are as follows:
A-B: 0.618
B-C: 0.382-0.886
C-D: 1.1-1.618
X-D: 0.786

Have a good weeks trading everyone and I wish you all the best, if you want to connect with me you are more than welcome to send me a private mail

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.